ioETH (IOETH)
Details about ioETH cryptocurrency
€46,324
480
2.863
Unknown
https://iotube.org/
847829x
€2439480000
ioETH price charts
IOETH exchanges
ioETH, the crypto
ioETH (IOETH) is a cryptocurrency built on the IoTeX blockchain. IOETH is Ethereum wrapped on IoTeX and acts as the native currency of the IoTeX network, allowing users to access and use decentralized applications (DApps) on the IoTeX platform with the convenience of Ethereum's ERC-20 standard. This means that users can trade ETH for IOETH and use IOETH to pay transaction fees and interact with DApps on the IoTeX network.
The point
The main point of ioETH (IOETH) is to provide an easily usable currency for users to interact with the IoTeX blockchain. By wrapping Ethereum on the IoTeX network, IOETH allows for seamless integration with the Ethereum ecosystem, while also providing users with access to the IoTeX blockchain.
The problem
IOETH tries to solve the problem of incompatibility between different blockchain networks. By representing Ethereum on the IoTeX blockchain, IOETH allows users to access and use applications on two different blockchain networks with just one currency. This eliminates the need for users to hold multiple currencies and simplifies the process of interacting with decentralized applications.
Compare IOETH and BTC performance
| Timeframe | IOETH | BTC |
|---|---|---|
| 1h change | 1.0708 % | -0.156487 % |
| 24h change | -5.89 % | -4.76525 % |
| 7 day change | -14.26 % | -8.27067 % |
| 14 day change | -6.65 % | -3.37213 % |
| 30 day change | -11.9 % | -2.3559 % |
| 200 day change | 83.81 % | 133.516 % |
| Year change | 54.42 % | 117.907 % |